Mumbai: Invesco Mutual Fund has announced the launch of the Invesco India Consumption Fund, an open-ended equity scheme focused on the consumption theme.
The New Fund Offer (NFO) opens on October 3, 2025, and closes on October 17, 2025.
The Invesco India Consumption Fund seeks to capitalize on India’s expanding consumption sector by investing a minimum of 80% of its net assets in equity and equity-related instruments of companies that benefit from the consumption theme.
The scheme will follow an active management style using both top-down and bottom-up investment approaches, with a focus on long-term structural opportunities along with cyclical trends.
Also Read: IGNITE by KFin Technologies to Empower Mutual Fund Distributors Across India
The fund will be managed by Manish Poddar and Amit Ganatra, and its benchmark index will be the Nifty India Consumption TRI.
Invesco India Consumption Fund: Backed by India’s Consumption-Led Growth Story
At the launch, Fund Manager Manish Poddar highlighted India’s strong demographics, rising incomes, rapid urbanization, and aspirational consumer trends as key drivers of the consumption theme.
He added that policy support, including tax reforms and GST 2.0, further strengthens the environment for consumption-led growth.
CEO Saurabh Nanavati stated that favorable macroeconomic conditions such as the RBI’s front-loaded rate cuts and GST reductions have improved consumer affordability.
Also Read: The Wealth Company Mutual Fund Targets 45 Per Cent Retail Base from Bharat by 2030
He emphasized that the Invesco India Consumption Fund provides investors with an opportunity to participate in one of the world’s fastest-growing consumption markets.
NFO Investment Details for Invesco India Consumption Fund
- NFO Period: October 3, 2025 – October 17, 2025
- Minimum Investment: ₹1,000 and multiples of ₹1 thereafter
- SIP Options: Daily SIPs start at ₹100, Monthly SIPs start at ₹500
- Exit Load: 0.50% if units are redeemed/switched within three months; no exit load thereafter
With the launch of the Invesco India Consumption Fund, Invesco Mutual Fund aims to offer investors structured access to India’s consumption-driven growth story.
